Today the government release their Modern Industrial Strategy, set to outline investment in research and development that will support British industries.
Commenting immediately after the announcement, Christian Faes, co-founder and CEO of LendInvest, commented:
“Early rumours about this Industrial Strategy made us worry it would repurpose poor plans from decades past. But what we’re reading today looks forward-looking: it’s encouraging to see innovation in the number one spot on the Prime Minister’s list of priorities.There’s no doubting that the PM’s Industrial Strategy is putting SMEs at the heart of their vision for a healthy economy. But government must ensure that this focus extends to those SMEs that deliver the residential and commercial property that the nation critically needs if enterprise is to flourish.Putting much needed investment into UK infrastructure is essential and I look forward to seeing more detail on this emerge in the housing white paper before too long.”